Tag Micron

Why India is Paying for 70% of Micron’s ATMP Plant, Even Though Micron Owns It 100%

India Pays 70% for US Company to Own 100% of Semiconductor Plant: Why?
The estimated total cost of setting up a Micron unit in India is $2.75 billion. The central government is subsidizing 50% of this cost, with the Gujarat state government providing an additional 20%. Surprisingly, Micron's direct investment accounts for only 30% of the total capital, meaning Micron will have complete ownership of a plant valued at $2.75 billion despite investing only $0.825 billion.